Employment
N/A
Total employees (Census CBP)
Manufacturing ·NAICS 31123
NAICS 31123 · IRS SOI 2023 · Census CBP
Breakfast Cereal Manufacturing - Industry Benchmarks
11 SBA loans on record, $14M in volume, for NAICS 31123.
- 6.7%
- Manufacturing sector margin
- N/A
- Workers employed
- N/A
- Avg payroll / employee
- $14M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 31123
Utah leads Breakfast Cereal Manufacturing activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Manufacturing sector runs a 6.7% net margin.
- 6.7%
- Manufacturing sector margin (IRS SOI)
- N/A
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $14M
- SBA lending, FY20–26
Benchmarking Insights for Breakfast Cereal Manufacturing
Breakfast Cereal Manufacturing sits inside Manufacturing, a sector that runs a 6.7% net margin overall.
94 establishments employ N/A workers. Utah leads employment.
Avg Payroll / Employee
N/A
Annual compensation
Establishments
94
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
establishment count decreased by 5. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Financial Detail
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Breakfast Cereal Manufacturing NAICS 311230 | N/A |
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
11
Total Loan Volume
$14M
Avg Loan Size
$1295K
Jobs Supported
253
Program Breakdown
7(a) 11 (100%)
504 0 (0%)
Top SBA Lender
Newtek Bank, National Association
9 loans in this industry
New Business Share
9.1% of borrowers were new/startup businesses
Annual Lending Trend (2 yrs)
2024 2
2025 9
Frequently Asked Questions
How profitable is Breakfast Cereal Manufacturing?
IRS SOI doesn't publish margin data at the NAICS 31123 level. Utah leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Breakfast Cereal Manufacturing?
94 business establishments.
What is the average payroll per employee in Breakfast Cereal Manufacturing?
Average payroll data for Breakfast Cereal Manufacturing is not available in the current Census CBP dataset.
Which states have the most Breakfast Cereal Manufacturing employment?
Utah leads with 348 workers.
How much SBA lending does Breakfast Cereal Manufacturing receive?
Breakfast Cereal Manufacturing businesses received 11 SBA loans totaling $14 million between FY2020 and FY2026. The average loan size was $1295K. These loans supported 253 jobs at origination. Most lending (100%) came through the SBA 7(a) program.
Benchmarking Breakfast Cereal Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 94 establishments, N/A workers. Payroll benchmarks
- 11 SBA loans on record. SBA lending rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 31123 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.